SourseAI, a Sydney, Australia-based decision intelligence startup has raised $3 million in Series A funding.
SaaS Investors
The round was led by enterprise technology investors Centerstone Capital.
Founded in 2021, Centerstone Capital is a venture capital firm based in Darlinghurst, Australia. The firm seeks to invest in cloud, artificial intelligence, platforms, and machine learning sectors with innovative business models.
SourseAI Use of Funds
The company plans to use the funds to expand its global presence, starting with Europe. The company aims to increase its headcount in Europe and double the size of its Australian-based research and development team.
About SourseAI
SourseAI is an AI innovator that has combined applied AI and industry-based models into a SaaS decision augmentation platform - Atlas. SourceAI focuses on helping telcos make better decisions through AI-based analytics, its platform enables executives to refine and improve strategic decision-making in areas such as product pricing, marketing spend optimization, churn management, and cross-sell or upsell offers.
Funding Details
Company: Sourse Pty Ltd.
Raised: $3.0M
Round: Series A
Funding Month: December 2023
Lead Investors: Centerstone Capital
Additional Investors:
Company Website: https://www.sourse.ai/
Software Category: Decision Augmentation
Source: https://www.startupdaily.net/topic/funding/decision-making-data-analysis-platform-sourseai-banks-3-million-series-a-for-global-ambitions/